District V. , Lipótváros
Budapest offers many opportunities to purchase an apartment and mold it into something tailored to your personal style. This is a popular avenue, as it gives the buyer a canvas to create a unique living space for themselves, renters, or future consumers. Feel free to contact us about the details, costs and advantages associated with renovating an apartment here.
This classical apartment is located in one of the most desirable areas in Budapest, as it is just steps away from the St Stephen Basilica and the Danube river. The two large windows face the vibrant Zrinyi walking street and look onto the classical buildings along it. The rare feature of a 2nd floor apartment with 4.2 meter ceilings adds to the uniqueness of this apartment. It could easily be renovated into a 2 bedroom apartment and rented to high profile tenants or simply enjoyed by the new owner. Come and see this amazing apartment today!
The Fifth district offers its residents the ultimate downtown lifestyle. Filled with luxury accommodation, fine dining, and tourist attractions alike, it’s one of the busiest areas for business and tourism. This district is an attraction for visitors and investors alike and is one area where renovations are consistent and streets are well-kept.
Property prices in the Fifth district are among the highest in the city, but the area has proven to deliver excellent returns for investors, across all neighborhoods. There is a huge diversity in neighborhoods, ranging from bustling party streets to the incredibly peaceful streets of Viziváros (Water City). Investors looking for property in this neighborhood should consider how close (or far) they want to be from the tourist buzz.
Total quiet and green surroundings are not characteristic of this neighborhood. Even on the quietest streets, adventurous visitors to the city roam around during the day. Vehicle traffic can also be heavy in this area, especially during holiday street closures, which can make parking more difficult. Finally, although the district offers several beautiful parks to choose from, District V is not considered one of the greenest areas in the city.